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Seva E-Bulletin Seva E-Bulletin Volume-1 No.5 March 16-31, 2021 DEPARTMENT OF MANAGEMENT The Reserve Bank of India (RBI) has Samsung India has announced that it has imposed a monetary penalty of 2 crores on inaugurated a Samsung Innovation Lab at the State Bank of India (SBI) for Delhi Technological University (DTU) to contravention of certain provisions of focus on collaborative research and Section 10 of the Banking Regulation (BR) training. It has set up the innovation lab Act, 1949. under the Samsung Innovation Campus Punjab National Bank (PNB) has set up a initiative as part of its new wholly owned subsidiary namely “PNB #PoweringDigitalIndia vision. Cards & Services Ltd” to manage its credit Power Grid Corporation of India card business. The PNB Cards & Services (POWERGRID) has launched an “e- Ltd has been incorporated on March 16, Tendering Portal” called „PRANIT‟ to 2021, by the Registrar of Companies, make the tendering process more Delhi. transparent. The portal “PRANIT” will The Reserve Bank of India has announced involve less paperwork and allow ease of the names of the members of the Standing operation, which in turn will make the External Advisory Committee (SEAC) for tendering process more transparent. evaluating applications for Universal Banks as well as Small Finance Banks. The DEPARTMENT OF ACCOUNTING committee has five members, with former AND FINANCE RBI deputy governor Shyamala Gopinath The Defence Ministry has sealed a deal as the chairperson. The panel will have with the public sector undertaking Bharat tenure of three years. Dynamics Limited (BDL) to acquire 4,960 MILAN-2T antitank guided missiles at a DEPARTMENT OF COMMERCE cost of ₹ 1,188 crores for the Indian Army. India‟s foreign-exchange reserves The missiles, having a range of 1,850 surpassed Russia‟s to become the world‟s metres, are being produced by BDL under fourth-largest reserve. The foreign currency license from French defence major MBDA holdings of India stood at $580.3 billion as Missile Systems. of March 5, as per the data by the Reserve DEPARTMENT OF BANKING AND Bank of India (RBI). The reserve of Russia INSURANCE was $580.1 billion. Overall, China has the The Reserve Bank of India has asked largest reserves, followed by Japan and banks to implement the image-based Switzerland, as on the International Cheque Truncation System (CTS) in all Monetary Fund table. branches by September 30 this year. 1 Moody‟s Analytics has projected the Indian economy to grow by 12 per cent in the Calendar Year 2021. For the Calendar year 2020, the real GDP was projected to contract 7.1 per cent by Moody‟s. It must be noted that Moody‟s Analytics makes calendar year projections, while its sister organization Moody‟s Investors Service provides fiscal year estimates. DEPARTMENT OF FINANCIAL MARKETS 23rd March, 2021 The UN Conference on Trade and This day is observed every year to Development (UNCTAD) has projected remember the brave freedom fighters India‟s economy to contract by 6.9 per cent in 2020 due to the coronavirus pandemic, is Bhagat Singh, Sukhdev Thapar, and forecast to record a "stronger recovery" in Shivaram Rajguru, who sacrificed their 2021 and grow by 5 per cent. Further, the lives for the Nation. On March 23 in the UNCTAD estimates the global economy to year 1931, three of the freedom fighters grow by 4.7 per cent in 2021. were hanged to death by Britishers. India and Japan have agreed to recognize NSS Unit of Seva Sadan College of Arts, each other‟s offices to act mutually as Science and Commerce organised Webinar competent International Searching and on the eve of Shaheed Diwas or Martyrs' International Preliminary Examining Day on 23rd March, Tuesday at 3:30pm, to Authority (ISA/IPEA) for any international pay tribute to the brave soldiers. patent application filed with them. This Our college principal, Dr. Gulabchand memorandum of cooperation on the Gupta, graced the event with his virtual industrial property was arrived at during the presence and speech on this day. 4th review meeting between DPIIT and Japan Patent Office. NSS volunteer made posters to show respect & gratitude towards the great NSS UNIT warriors. 19th & 20th March: NSS volunteers participated in various competitions like Poster Making, Rangoli, Poetry Recitation, Tribal Handi Crafts, Tribal Art, Tribal Costume & Solo Dance held at “Sankalp”, a Virtual intercollegiate fest organized by Lala Lajpat Rai College of Commerce and Economics. 2 24th March, 2021 conducted by resource person Mr. Sukrut Every year, World Tuberculosis Day is Bhushan, who guided observed on 24th March, with a particular all students for various competitive exams that theme. In 2021, the theme is 'The Clock is they can enroll for. Ticking'. According to WHO, the world is Students participated in running out of time to act on the good number and got commitments made by the global leaders to their queries resolved. end tuberculosis. On this occasion, posters were made by NSS Volunteers of Seva Sadan College, on Tuberculosis and were shared through multiple social media sites, to spread the awareness. 31st March, 2021: Competitive Examination cell organized Second session on “Competitive Examinations” for third year students of all the streams. In this session, the Committee members explained, in detail, various examinations where students can enrol after graduation. This was an attempt to ensure student readiness for a brighter future. Interested students participated and took the advantage of having ready information available, brought to them by their concerned faculty members. Competitive Examination Cell: 24th March, 2021 The Competitive Examination Cell of Seva Sadan College of Arts, Science & Commerce organized webinar on “Competitive Examinations” for third year students of all the streams which was 3 CULTURAL COMMITTEE On 16thMarch, 2021- Cultural Committee Organised “Virtual College Fest 2021”. Many students participated with enthusiasm Program was live on YouTube. DEFENCE NEWS The Kalyani Rafael Advanced Systems (KRAS), which is a joint venture between the Kalyani Group of India and Rafael Advanced Defence Systems of Israel, have released the first batch of Medium Range Surface to Air Missile (MRSAM) kits. The missile was released for the Indian Army and Indian Air Force. The Kalyani Rafael Advanced Systems (KRAS), which is a joint venture between the Kalyani Group of India and Rafael Advanced Defence Systems of Israel, have released the first batch of Medium Range MEMORIAL DAY Surface to AirMissile (MRSAM) kits. The 28th March, 2021 missile was released for the Indian Army In the remembrance of the Founder of and Indian Air Force. Seva Sadan Trust, our beloved Late Shri SCIENCE AND TECHNOLOGY Parsram Parumal Dabrai, “Memorial The Finnish telecom equipment maker, Day” is celebrated on 28 March every Nokia has announced on March 16 that it year. This year also respected principals of has partnered with Microsoft, Amazon web various institutes under Seva Sadan Trust services and Google so as to develop a new paid tribute to the Legend and sought his cloud-based 5G radio solution. This blessings on this auspicious day. solution will be developed with its radio access network (RNA) technology. This partnership was gone with the objective of developing new business cases. Indian Space Research Organisation (ISRO) has launched the sounding rocket (RH-560) to study attitudinal variations in the neutral winds and plasma dynamics, at 4 Satish Dhawan Space Centre (SDSC), Himachal Pradesh Shri Jairam Thakur Sriharikota Range (SHAR). ISRO has Jharkhand Shri Hemant Soren developed a series of sounding rockets Karnataka Sri B. S. Yediyurappa called Rohini series, important among them Kerala Shri Pinarayi Vijayan being RH200, RH-300 and RH-560, Madhya Pradesh Shri Shivraj Singh Chouhan number in the name indicating the diameter Maharashtra Shri Uddhav Thackeray of the rocket in mm, according to the Manipur Shri N. Biren Singh Bengaluru-headquartered space agency. Meghalaya Shri Conrad Kongkal Sangma NEWS Mizoram Shri Pu Zoramthanga The Union Minister of Education, Shri Nagaland Shri Neiphiu Rio Ramesh Pokhriyal „Nishank‟, virtually Odisha Shri Naveen Patnaik inaugurated the Shaheed Bhagat Singh Punjab Shri Capt. Amarinder Singh Smarak in New Delhi on March 23, 2021. Rajasthan Shri Ashok Gehlot Sikkim Shri PS Golay ReNew Power has been named to the Thiru Edappadi K. Tamil Nadu World Economic Forum‟s (WEF) Global Palaniswami Lighthouse Network, which recognises Telangana Shri K Chandrasekhar Rao companies using new technologies to Tripura Shri Biplab Kumar Deb achieve environmentally sustainable, Uttar Pradesh Shri Yogi Aditya Nath community supportive, profitable growth. Uttarakhand Shri Tirath Singh Rawat ReNew Power is an Indian renewable West Bengal Km. Mamata Banerjee energy company. It has an asset base of Source: over 8 GW, with around 5 GW operational. https://www.bankersadda.com/ ReNew Power is one of the two Indian companies to be recognised by the Global https://www.indiabudget.gov.in Lighthouse Network this year. https://www.india.gov.in/my- GENERAL AWARENESS government/whos-who/chief-ministers STATE CHIEF MINISTER UPCOMING EVENTS Andhra Pradesh Shri YS Jagan Mohan Reddy Arunachal External Examination for students Shri Pema Khandu Pradesh studying semester IV are scheduled to be th Assam Shri Sarbananda Sonowal starting from 15 April, 2021. Bihar Shri Nitish Kumar Chhattisgarh Shri Bhupesh Baghel IMPORTANT LINKS: Delhi (NCT) Shri Arvind Kejriwal Webinar on How to attempt online MCQ Goa Shri Pramod Sawant Examinations: Gujarat Shri Vijaybhai R. Rupani https://www.youtube.com/watch?v=1uJC Haryana Shri Manohar Lal Nansnps *For Private Circulation* Prepared by Seva Sadan College of Arts, Science and Commerce, Ulhasnagar-3 Edited by- Asst.Prof. Ms.Naisha Chainani, and Asst. Prof. Ms.Sulakshana Shukla Write to us for feedback & suggestions @[email protected] 5 .
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